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Q16 Intro A bond has a face value of $1,000 and pays an annual coupon of $112. It matures in 14 years and currently trades

Q16

Intro A bond has a face value of $1,000 and pays an annual coupon of $112. It matures in 14 years and currently trades for $1,546.61. What is the bond's current yield? Part 3 What is the bond's yield to maturity

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